RNS Number:3722U
Pennine Downing Ethical VCT PLC
11 April 2002

Pennine Downing Ethical VCT plc
11 April 2002

Pennine Downing Ethical VCT plc announces that on 10 April 2002 the Company
purchased 15,000 ordinary shares of 5p each for cancellation representing 0.14%
of the issued share capital at a price of 60p per share.

Following this transaction the Company now has 11,042,628 shares in issue.



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